Best Growth Stocks to Buy for January 8th

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 8:

Micron Technology, Inc. MU: This memory and storage products company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 93.3% over the last 60 days.

Micron Technology, Inc. Price and Consensus

Micron Technology, Inc. price-consensus-chart | Micron Technology, Inc. Quote

Micron Technology has a PEG ratio of 0.21 compared with 1.16 for the industry. The company possesses a  Growth Score of A.

Micron Technology, Inc. PEG Ratio (TTM)

Micron Technology, Inc. peg-ratio-ttm | Micron Technology, Inc. Quote

Eli Lilly and Company LLY: This large-cap pharmaceutical company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing nearly 6% over the last 60 days.

Eli Lilly and Company Price and Consensus

Eli Lilly and Company price-consensus-chart | Eli Lilly and Company Quote

Eli Lilly has a PEG ratio of 0.77 compared with 1.31 for the industry. The company possesses a Growth Score of B.

Eli Lilly and Company PEG Ratio (TTM)

Eli Lilly and Company peg-ratio-ttm | Eli Lilly and Company Quote

Skillsoft Corp. SKIL: This instructor-led training services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.8% over the last 60 days.

Skillsoft Corp. Price and Consensus

Skillsoft Corp. price-consensus-chart | Skillsoft Corp. Quote

Skillsoft has a PEG ratio of 0.20 compared with 0.75 for the industry. The company possesses a Growth Score of B.

Skillsoft Corp. PEG Ratio (TTM)

Skillsoft Corp. peg-ratio-ttm | Skillsoft Corp. Quote

See the full list of top ranked stocks here.

Learn more about the Growth score and how it is calculated here.

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This article originally published on Zacks Investment Research (zacks.com).

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